Budget Analyst I Department of Oncology

Wayne State University - Detroit, MI

Full-time

Detroit, MI

Educational Services

About the position

The Budget Analyst I position in the Department of Oncology at Wayne State University involves participating in the development, review, and analysis of financial data for budget control and forecasting. The role requires strong analytical skills to compile and analyze financial information, prepare reports for management, and ensure accuracy in financial transactions. The analyst will also assist in budget monitoring, processing budget transfers, and providing leadership to clerical support personnel.

Responsibilities

• Participate in the development, review, and analysis of financial data for budget control and forecasting purposes.
• Analyze revenues, expenditures, and related financial information for reporting purposes.
• Compile and perform analysis of financial and budgetary data.
• Summarize data and provide reports for management decision making.
• Establish and maintain databases and spreadsheets.
• Review data for accuracy to provide current information as requested.
• Assist in the development of forecasts and trends.
• Monitor and process budget transfer requests to determine if transfers are conducted in a timely manner.
• Review accounts and correct discrepancies to ensure transactions are in accordance with established policies and procedures.
• Participate in budget load process; monitor and reconcile position rosters.
• Prepare and provide materials for presentations at fiscal meetings.
• Develop graphics, charts, and other documents in support of departmental analysis and recommendations.
• Provide analysis of subject or area as assigned on a project basis.
• Determine issues and relevant data, apply standard models, and present findings in a clear and concise manner.
• Answer inquiries and explain established policies and procedures to ensure transactions are conducted properly and to improve departmental efficiency.
• Identify and investigate problems and errors; recommend solutions as needed.
• Review and complete forms and documents ensuring accuracy, completeness, and conformity with policies and procedures.
• Monitor, reconcile, and report account balances; verify data as required.
• Assist in processing increases for University employees by monitoring and adjusting HRS positions and FAS accounts.
• Assist in reviewing and analyzing compensation adjustments and making projections as needed.
• Assist and participate in special projects; research and compile data; presenting information in a detailed report format or document.
• Provide work leadership to subordinate clerical/technical support personnel.
• Assign work and provide guidance and training in appropriate methods and procedures.
• Answer questions and resolve problems that may arise.

Requirements

• Graduation from an accredited college or university with major coursework in business administration, accounting, finance, or related field or an equivalent combination of education and/or work experience.
• Some knowledge of accounting, finance, or budgeting principles and practices.
• Ability to prepare standard financial statements, reports, and analyses.
• Some knowledge of computerized accounting systems and computer applications.
• Strong analytic and problem-solving skills.
• Ability to communicate effectively with others.
• Good oral and/or written communication skills.

Nice-to-haves

• Experience in Oncology or related field.